Friday, February 13, 2009

THE HOUSE PASSED BILL IN SIMPLE FORM

hello america! there are many sites to go to to read the (non) economic stimulus bill that passed the through the house today but, the best one i've found is "gop.com". the rest of them have you reading a lot of crap (1,000 plus pages) that doesn't make sense. so, i'm going to do you a favor & copy the mere 8 pages here for you. at the end of reading it, feel free to leave me a message about the 2-4 million jobs it will preserve &/or create. also tell me how it helps you. thanks-knowitall

H.R. 1 Conference Report
Conference Report—The American Recovery and Reinvestment Act

Sponsor
Rep. Obey, David R. (Appropriations Committee)

Date
February 14, 2009111th Congress, 1st Session

EXECUTIVE SUMMARY
The conference report to H.R. 1 totals $792 billion in new spending and tax provisions. The final cost is $30 billion less than the House-passed bill and $49 billion less than the Senate substitute. In order to reach this level, the conference report reduces a number of tax provisions-including the Presidents "Making Work Pay Tax Credit" and an important tax benefit for companies with current losses-and includes an amount of discretionary spending between the Senate and House levels. The conference report also restores billions in spending from the House bill, which the Senate had initially removed or reduced. The highlights of the conference report are as follows:

SPENDING PROVISIONS

Questionable or Non-Stimulative Spending:

$50 million for the National Endowment for the Arts
$2 billion for the Neighborhood Stabilization Fund, providing funds to organizations such as ACORN, which has been accused of practicing unlawful voter registration in recent elections
$10 million for the inspection of canals in urban areas
$100 million for grants to small shipyards
$198 million to authorize payments to certain Filipino veterans from WWII
$300 million for the Energy Efficient Appliance Rebate Program
$2 billion to support the manufacturing of advanced vehicle batteries
$1 billion for Community Development Block Grants
$1.3 billion for Amtrak, including $450 million for a new rail security grant program not included in either the House-passed or the Senate-passed bills
$300 million for federal procurement of plug-in and fuel efficient vehicles
$8 billion for a High Speed Passenger Rail Program, after the House did not include any funding for the program and the Senate included $2 billion, which will fund at least one project from Las Vegas to Los Angeles
$15 million for historic preservation at historically black colleges and universities
$170 million for the National Oceanic and Atmospheric Administration to research the causes, effects, and ways to mitigate climate change
$200 million for Americorps and other paid "volunteerism" programs
$400 million for NASA to accelerate climate research missions
$5.5 billion for federal buildings (GSA), including $4.5 billion to convert federal buildings into "high-performance green buildings" and $450 million for a new headquarters for the Department of Homeland Security.
$210 million for a new grant program to modify and upgrade local fire stations
$142 million for the Coast Guard to alter or remove 4 obstructive bridges
$25 million for the Smithsonian Institution for maintenance backlogs
$1 billion for expenses in conjunction with the 2010 decennial census
$650 million for Digital-to-Analog Converter Box Coupons
$1 billion for a Prevention and Wellness Fund, which can be used for sexually transmitted disease (STD) education and prevention programs at the CDC
$500 million to replace a 30-year old computer system at the Social Security Administration
$500 million for a health professions training program-funding which an earlier committee report said were allocated because "a key component of attaining universal health care reform will be ensuring the supply of primary care providers."

Unemployment Insurance Extension: Extends the current extension of unemployment insurance (UI), which is scheduled to expire on March 31, 2009, through December 31, 2009. The extension is estimated to cost $27 billion.

Roads and Bridges: Despite calls by Democrats for increased infrastructure spending to create jobs, a relatively small share of the total $792 billion package is devoted to transportation infrastructure-$47 billion or 5.9% and only $27.5 billion ($2.5 billion less than the House-passed level) or 3.4% for highway construction. Some proponents of the conference report are claiming as much as $150 billion will flow to "infrastructure" but this assumes that building federal buildings, public housing, etc., qualify as infrastructure.

State Stabilization Fund: Provides $53.6 billion for "State Fiscal Stabilization Fund," which will be distributed to States based on total population and school-aged population. The majority of the funds will be used to support public elementary, secondary, and higher education. The House bill approved $79 billion for the fund, which the Senate reduced to $39 billion. Of this funding, $6 billion may be used for school modernization and repair.

TAX PROVISIONS

Making Work Pay Tax Credit: Reduces the amount of the refundable "Making Work Pay Tax Credit" from $500 to $400 for an individual and from $1,000 to $800 for joint filers. In addition, the conference report would restore the $75,000 individual earnings eligibility cap for the refundable portion of the tax credit that was in the House version of the bill. The Senate had lowered this eligibility cap to $70,000 for an individual filer (twice as much for a married couple filing jointly). These changes would reduce the cost of the "Making Work Pay Tax Credit" by $29 billion-from $145 billion in the House bill to $116 billion. The tax credit itself would phase out at $95,000 for single filers ($190,000 for joint filers).

Child Tax Credit: Temporarily expands eligibility for the child tax credit by lowering the $8,500 earnings floor to $3,000. Under current law, the child tax credit is refundable up to 15% of a taxpayer's earnings above $8,500. The House bill eliminated the $8,500 earnings floor, which cost $18.2 billion, while the Senate bill simply lowered the earnings threshold to $8,100, costing $7.2 billion. The conference report would set the floor at $3,000, costing $14.8 billion.

First-Time Homebuyer Tax Credit: Expands the current tax credit for first-time homebuyers, raising the maximum tax credit, extending it through November, 2009, and removing a provision that requires the credit to be repaid over time. The original provision, which was added to the Senate bill by amendment, would have given any homebuyer purchasing a primary residence in 2009 a $15,000 tax credit. The conference report reduction would decrease the deficit impact of the provision from $35 billion to $6.6 billion.

College Tax Credit: Creates the American Opportunity Tax Credit, which gives tax credits to students and parents for the cost of post-secondary tuition and expenses. The conference report provides $2,500 in tax credits per student and in 2009 and 2010. 40% of this tax credit would be refundable. This provision would cost $13.9 billion.

NOL Carryback: Reduces the amount of the net operating loss (NOL) carryback provisions by limiting eligible businesses and only providing credit for 2008 losses. The conference report limits the five year NOL carryback to losses that occurred in 2008 for businesses with less than $15 million in annual receipts. Both the House and Senate bills extended this carryback period from two years to five years for all businesses, providing a tax cut of $17 billion. The reduced provision in the conference report saves American businesses only $947 million.

Bonus Depreciation: Extends bonus depreciation that allows businesses to make a tax deduction of 50% of the cost of depreciable capital expenditures within the first year of the property's purchase. Normally, depreciable property deductions are taken over time based on a depreciation formula. The 50% first-year deduction would be extended by this legislation through 2009-retroactively effective for any property put into service after December 31, 2008. This provision would save taxpayers $5 billion.

School Construction Bonds: Creates a new category of tax-credit bonds, known as qualified school construction bonds. Tax-credit bonds are bonds on which the federal government pays interest in the form of tax credits against the federal income tax liability of the bondholder. The qualified school construction bonds would be issued by State and local governments for the construction, repair, rehabilitation, acquisition, or debt reduction of public schools. This provision would cost $9.9 billion.

Vehicle Sales Tax: Allows taxpayers to deduct state sales tax on new car purchases in 2009. The Senate added an amendment to the legislation that would make all interest payments on car loans and state car sales tax deductible. The provision would have had a deficit impact of $11.5 billion, which the conference report reduces to less than $1.7 billion.

AMT: Provides a one year Alternative Minimum Tax "patch," which prevents middle-income taxpayers from being subject to a tax increase in 2009. This provision, included in the Senate bill, would save taxpayers approximately $70 billion.

Unemployment Benefits: Excludes up to $2,400 of 2009 unemployment from tax. Any unemployment insurance benefit above $2,400 would be subject to regular taxation. This provision would save taxpayers $4.7 billion.

HEALTH PROVISIONS
COBRA Subsidy: Provides a 65% federal subsidy to laid off individuals electing COBRA continuation coverage from their former employers. The subsidy will extend for up to nine months, as opposed to 12 months in the House bill. The report also limits eligibility to individuals with adjusted gross incomes of under $145,000 and families with incomes of under $290,000. These changes reduce the cost of the provision from $40.7 billion in the House bill to $25.1 billion. In addition, the conference report does not include language in the House bill that would permit former employees over age 55, or those with at least 10 years of service with the employer, to remain on COBRA until becoming eligible for Medicare.

Qualifying Individual Program: Extends for 12 months, through December 2010, the Qualifying Individual program, which provides assistance through Medicaid for low-income seniors to pay their Medicare premiums, at a cost of $562 million. The House bill included no such provision.
Medicaid Assistance to States: Includes a compromise between the House and Senate formulae for the $87 billion increase in the federal Medicaid match, whereby approximately 65% of the increase is provided on an across-the-board basis, with the remaining 35% allocated to states experiencing high unemployment. By contrast, the House bill spent the same overall amount, but targeted 50% of the additional Medicaid spending to high-unemployment states, with the remaining half providing an across-the-board increase.

Medicaid for the Unemployed: Removes language in the House bill that would have created a new entitlement for individuals receiving unemployment assistance to receive Medicare benefits fully funded by the federal government at a 100% match rate.

Comparative Effectiveness Research: Provides $1.1 billion to conduct "comparative effectiveness research" to evaluate the effectiveness of different healthcare interventions, and removes bipartisan Senate language stating such funding must be used only for clinical research, as opposed to research taking cost into account as well. Despite non-binding report language stating that the funding is not intended to be used to mandate coverage policies, some Members may be concerned that the money for comparative effectiveness research could eventually be used to sanction government rationing of health care goods and services, consistent with an earlier committee report that said that "more expensive [treatments] will no longer be prescribed" as a result of such research.

Health IT-Financial Incentives: Maintains House language providing maximum incentive payments to hospitals of up to $6.37 million in the first year and $15.9 million over four years, and includes provisions not in the House legislation expanding incentive payments to include critical access hospitals. Expands eligibility for Medicaid health IT incentive payments to include nurse practitioners, mid-wives, dentists, and physician assistants in rural health clinics.

Accelerates the penalties for non-usage of electronic health record technology; physician incentive payments will stop in 2014, as opposed to 2015 in the House bill, and penalties will begin in 2015 for non-users, as opposed to 2016 in the House bill. Includes a 10% bonus payment for all physicians practicing in underserved areas-a provision not included in either bill. Increases implementation funding for the Centers for Medicare and Medicaid Services (CMS) by including $340 million in additional mandatory spending.

Health IT-Privacy Provisions: Removes most of the technical changes to the privacy provisions added to the bill in the Senate. The bill maintains the onerous notification requirements, increased penalties, and lawsuit authority for state attorneys general present in the House bill; some Members may be concerned that these provisions, by increasing business' costs and raising the possibility of additional class-action lawsuits, may impede rather than promote the adoption of health information technology.

Other Provisions; Earmarks: Imposes moratoria on hospice regulations from taking effect, and makes certain "technical corrections" regarding long-term care hospitals, specifically as it relates to implementation of a rule for referrals from non co-located facilities. According to CMS, at least one of these "corrections" will affect only three hospitals-two located in North Dakota, and one located in Connecticut. Some Members may believe this provision constitutes an authorizing earmark, and therefore believe its inclusion is inconsistent with President Obama's pledge that economic recovery legislation should not include any "pork-barrel" spending.

OTHER PROVISIONS

Essential Abstinence Education Funding Eliminated: Extends for 18 months-through December 31, 2010-the Transitional Medical Assistance (TMA) program that provides Medicaid benefits for low-income families transitioning from welfare to work. Traditionally, the TMA provisions have been coupled with an extension of Title V Abstinence Education funding during the passage of health care bills. However, the Title V funds were excluded from the bill language and will expire on July 1, 2009 absent further action. Given the Obama Administration's desire for bipartisan agreement on economic stimulus provisions, some Members may be concerned by the removal of the Title V abstinence education funding and the potential end of this program. Some Members may be concerned that while abstinence education receives only $176 million annually (through both Title V and the Community Based Abstinence Education program), contraceptives and family planning already receive $1.6 billion of federal funding.

E-Verify: Removes language to require anyone receiving a contract paid for with funding from the bill to use the government's E-Verify program in order to ensure taxpayer money is not used to hire illegal workers.

Welfare Reform Rollback: Includes $5 billion to create a new Temporary Assistance for Needy Families (TANF) welfare program emergency fund. The emergency fund would be used to provide money to States that increase TANF caseloads or provide increased short-term cash benefits. The bill waives requirements that obligate states to consider rising caseloads when determining TANF work requirements. Thus, the legislation would encourage States to increase caseloads without increasing the number of individuals required to obtain work, which was a key component of the 1996 welfare reform that has dramatically decreased the number of Americans dependent on welfare.

Davis-Bacon: Applies Davis-Bacon requirements to all government contracts flowing from the bill, thus requiring that employees will be paid no less than the prevailing wage for similar jobs in the locality/vicinity.

Buy American: Encourages the purchase of American goods (steel, iron, etc.) for stimulus funded government contracts, but includes language adopted by the Senate intended to waive any requirement in the Stimulus Act which would preclude adherence to current World Trade Organization treaties. The Senate language was adopted after pressure from the European Union over earlier "Buy American" provisions that were seen by the EU as a violation of current WTO treaties.

Debt Limit Increase: Increase the statutory limit on public debt from $11.3 trillion to $12.1 trillion.

POSSIBLE MEMBER CONCERNS WITH CONFERENCE REPORTCost Per Family: According to the Census Bureau, there are 116.8 million households in the U.S. A total cost of $1.1 trillion for the bill ($792 billion for the legislation plus at least $300 billion in debt service to pay for it) amounts to a per-family cost of at least $9,418 in new spending/debt.

State Bailout: Provides $87 billion for Medicaid spending for states and $53.6 billion for the State Fiscal Stabilization Fund. According to the liberal Center on Budget and Policy Priorities, the total budget deficit for the States collectively for the remainder of Fiscal Year 2009 is $43 billion. Given that the federal government’s Fiscal Year 2009 deficit is already projected at $1.2 trillion—or 27.5 times greater than the total State shortfall—it is hard to understand why the Democrats would choose to further exacerbate the federal deficit, especially since most States are subject to balanced budget requirements whereas the federal government is not.

Healthcare Rationing: Provides $1.1 billion to conduct “comparative effectiveness research” to evaluate the effectiveness of different preventative healthcare interventions. Some Members may be concerned that the money for comparative effectiveness research could eventually be used to sanction government rationing of health care goods and services, consistent with the draft House Appropriations Committee report that said that “more expensive [treatments] will no longer be prescribed” as a result of such research.

Record Deficit Spending: According to CBO, under current law, the federal deficit will rise to a record $1.2 trillion, or 8.3% of GDP, in 2009. Even without this massive spending bill, the deficit will be by far the highest on record in both nominal terms and as a percentage of GDP during peacetime, easily exceeding the previous record of 6% in 1983 and the highest New Deal level of 5.9% in 1934. The estimated cost of debt services for the $820 billion House passed bill was $347 billion. When that rough number is applied to the conference report, the total ten year cost of the bill increases to a staggering $1.13 trillion.

Massive Spending: According to the Federal Reserve, $789.5 billion is almost as much as all the money currently in circulation in the U.S. ($829 billion). If the “stimulus” legislation were a nation’s GDP, it would be the 16th largest economy in the world.

Lowers GDP: The Congressional Budget Office, in analyzing the long-term economic impact of H.R. 1, noted that both the House and Senate versions of the bill are likely “to reduce GDP by between zero and 0.2 percent” in the years after 2014. The same CBO analysis indicates that the effect of this GDP reduction will be reflected in lower wages for workers. Some Members may therefore be concerned that at best the “stimulus” will yield no net long-term benefit for the American economy, and at worst—by displacing private capital for government-financed deficit spending—may result in reduced long-term growth and stagnant wages for American workers.

Long-Term Fiscal Impact: A Congressional Budget Office analysis of the spending provisions in the House-passed version of H.R. 1 found that extending the spending levels in several politically popular programs—such as Head Start, Medicaid, food stamps, and the Earned Income Tax Credit—would cost an additional $1.7 trillion over ten years. When added to the $820 billion cost (the original House-passed level) of the underlying “stimulus” legislation, and the estimated $744 billion cost of servicing the debt on the stimulus, CBO estimated the bill would cost $3.2 trillion if the major House spending provisions are extended. Some Members may therefore be concerned that the funding “cliffs” included in the legislation mask the true long-term costs of the new spending and expanded entitlements created in the bill.

Refundable Tax Credits: Contains billions in refundable tax credits to provide direct payments to individuals that that pay little or no income taxes. Unlike tax cuts, these refunds do little to spur growth, create more jobs, or stimulate the economy and are more similar to new spending through tax policy than actual tax cuts.

Largest Spending Bill Ever: According to the Congressional Research Service, the largest appropriations bill considered by Congress in nominal terms was the continuing resolution and Defense appropriations measure (P.L. 110-329) passed last fall, which appropriated $636 billion. Some Members may be concerned about the long-term implications of passing an even larger spending measure, particularly given the $700 billion (plus $108 billion in tax relief) obligated by Congress as part of the Troubled Asset Recovery Program (P.L. 110-343) last October.

BACKGROUND
On January 28, 2009, the House passed the American Recovery and Reinvestment Act by a vote of 244-188, without a single Republican supporting the bill and 11 Democrats opposing. As passed by the House, the Democrat spending bill cost $821 billion. The bill contained $361 billion in new discretionary spending, $278 billion in increased mandatory spending, and $182 billion in tax provisions.
The Senate increased the size and scope of spending in the massive "stimulus" bill, driving the cost of the bill to more than $920 billion-or $100 billion more than the House bill. Approximately $70 billion of that increase provided for a one year AMT patch. In addition, the Senate added $47 billion with amendments that further drove up the cost of the bill, including an amendment that provided a federal income tax credit of up to $15,000 for homebuyers who purchase new principal residences in 2009 and a $6 billion increase for the National Institutes of Health.
The Senate then came to an agreement with three Republican senators, allowing the legislation to proceed for a vote on the floor and overcome the Senate's super-majority procedural hurdles. The agreement reduced the cost of the Senate bill from $920 billion to $841 billion-or $20 billion more than the House bill. To reach this funding level, the Senate cut the base bill through a combined reduction of spending and tax provisions, while retaining all of the floor amendments, resulting in a cost of $841 billion. However, the estimated cost of debt services for the $820 billion House-passed bill was an additional $347 billion over ten years. When the debt service cost is added on to the Senate package, the total ten year cost of the Senate bill approaches a staggering $1.2 trillion.
After the Senate passed the measure-considered as an amendment in the nature of a substitute offered by Sens. Nelson (D-NE) and Collins (R-ME)-by a vote of 61-37, the bill was sent to a conference committee between the House and the Senate to reconcile the differences with the two bills, resulting in the conference report the House will soon consider.

Thursday, February 12, 2009

IN THESE DIRE TIMES

hello america! this writing is a knock on those that supported obamas run to the whitehouse. but,
let's not get it twisted, i am not knocking your right for voting for him. i support that right & will never degrade it. so, with that being said, let's get to it.

the first thing obama did after getting sworn in was to raise your taxes in such a way as to blind you to his doing it. &, he did it with just the stroke of a pen---he didn't even need congress to help him. obama used his executive powers to lift the ban on the usage of federal money to foreign non-governmental organizations for abortions & abortion education. not surprisingly, abortion advocates are already lining up at the door for the money---your money. bet when you became an obamaholic, you never thought your dollars would be funding abortions on residents of third world countries. oh, & in case you didn't know, federal money is your taxes.

now, don't get me wrong, it's a good thing when we, as a nation, can help those less priviledged regardless of where they are but, with all the crap & turmoil going on right here, you'd think obama would think of us first. after all, he was running around the country telling us how bad our economy was & is &, that he was the only one that could fix it.

a lot of you didn't even listen to that joe-the-plumber & obama incident about spreading the wealth but you will &, the above is just the beginning of it. &, if you think only the wealthy are going to be paying the way, i'm still here to tell you that you're crazy. IN THESE DIRE TIMES!

want more proof of obamas bad intentions for your money---i've got plenty.

when obama signed the state children's health insurance program (schip) into law, he did so by raising the federal tax on a pack of cigarettes .62 to $1. to help pay for it. (bet you obamaholic smoking supporters are happy about that). it is to my understanding that in order for families to sign up for this, they just have to present a social security card, no picture id required. america, there are a lot of good phony social security cards out there---i know, because i managed a temporary employment agency in allentown, pa. so, when you hear congresspeople talking about illegal aliens getting health care, you better believe it. but, doesn't this make you want to run out there & buy a few extra cartons of cigarettes? IN THESE DIRE TIMES!

but, keep the faith. with the final closing of gitmo will come the housing problems & costs for the
detainees. the only countries that really want them are countries like iran, syria &, yemen. so,
coming soon to you will be the detainees & a bill for their confinement from the federal government. you're finally getting it---federal dollars means your taxes. after all, obama is really looking out for you & the good of this country. IN THESE DIRE TIMES!

still not ready to say uncle? good---i loath quitters.

obama likes you so much & wants to take care of you so badly that he's going around the country telling you how great this "AMERICAN RECOVERY & REINVESTMENT ACT" is &, that it needs passage now &, negatizing (like that word?) the republicans role in their resistance to it &, without it, america is facing a catastrophy we may never recover from &, this bill will have absolutely no 'ear marks/pork projects' in it. if i were waking up for the first time tomorrow & reading this, i would be jumping for joy. but, alas, i've been doing my homework, & sadly, you're not going to like the results...&, please remember, the stated purpose of this bill is to stimulate the economy---even says so on the bill.

here's the facts: the bill cuts the tax credits for the middle class; the bill cuts the tax credit for first time home buyers; the bill cuts the tax credit for new car buyers; the bill provides funding for a rail system in harry rieds back yard; the bill provides funding for rats/mice in nancy pelosis back yard; the bill provides funding for NASA (they can take the unemployed into space & get them jobs up there); the bill provides funding for 30 plus federal government new agencies (that should make you real happy); the bill provides funding for infrastructure repair & building---for which obama says should go to unionized labor. this bill provides funding for everything but something to make you go out there & spend your money. IN THESE DIRE TIMES!

before i go on, the word 'funding' in the above paragraph means federal dollars & by now you should know obama is talking about your money.

30 new agencies & at what cost to you? has obama even mentioned the cost to you? i remember obama debating with mccain & saying that he would eliminate government programs & agencies that don't work, do you? yet here he is, expanding the growth of government with 30 new agencies amidst a time when government is struggling to remain afloat.

oh, how stupid of me, you think obama & his crew are going to pay for all of the above out of their own pocket. man, why didn't you tell me?

obamas bill as is would net you a savings of about $600. a year (about $12. a week)---&, don't forget michelle "$750 a dress" obama bashing bush for his $600 rebate to you saying "it would only buy a pair of earings". please enjoy that $12. & spend it in a way that will turn this economy around---for that matter, invest it in obamas global green planet stock.

&, don't forget, nancy pelosi is waiting in the wings to undo all of bushs tax programs.

so, yeah, obama lied to you about raising your taxes & growing government but, the sad thing is, this is just the beginning. IN THESE DIRE TIMES!

OBAMA, LIE TO ME SOME MORE, I CAN'T GET ENOUGH

hello america! when obama was campaigning last year, i was going around telling people that he would raise taxes no matter what he said. i even wrote a few things on that subject. well, this is one time i hate to say i told you so because it affects me also.

now, don't get me wrong, i think all americans that can't afford health care should be able to get the care they need, when they need it, where they need it &, regardless of why they need it. that being said...

...just don't expand the health care system & health care coverage & then lie to me about not raising my taxes. obama, when mcain said you were going to raise our taxes you responded by lieing to america that you wouldn't. however, you did raise my taxes in a spindless way but, that's what i expect of you.

while you were running around telling america how great this health bill is for them, did you take the time to tell them you raised the tax on their cigarettes to pay for it? or is this another of those asides you continue to so conviently forget to mention? you touted the passage of the state children's health insurance program (schip) as your downpayment on your "commitment to cover every single american", & yet, not one word from you about raising the federal tax on a pack of cigarettes 62 lousy cents. no, in your open & honest administration you could not admit that.

obama, you don't surprise me. i knew you were sneaky & deceptive & would expand government &, you'll raise our taxes any way you can---you're too liberal to do it any other way.

when all is said & done, obama, you're legacy will be one of expanding government & outspending every administration before yours. &, your legacy will also include all that you did to hurt this great nation.

BARNEY NEEDS TO GO

hello america! are we a stupid people? time after time we make the same mistakes when it comes to electing our representatives to washington. in this case, i'm refering to democrat representative barney franks, mass. my question is why is still in office? how can we allow him to have anything to do with finance committees? his record record for supporting fannie mae speaks for itself.

being from the east coast, i just assumed that everybody else from there was at least as smart as i think i am. am i ever wrong in thinking that. it seems the good people of mass don't messure up. how else can you explain their continued support of franks?

i've been writing about franks for a year now &, none of it was good---he doesn't do good things.
research this article when you can-there are many more like it out there-just google barney franks & see for yourself.

Media Mum on Barney Frank's Fannie Mae Love Connection Democratic House Financial Services Committee Chair promoted GSEs while former 'spouse' was Fannie Mae executive. By Jeff Poor Business & Media Institute9/24/2008 4:00:57 PM

Tuesday, February 10, 2009

OBAMA , LIES, DECEPTION & EXCUSES-HAND IN HAND

hello america! another subject i'm tired of hearing smoothed over is obamas honesty with the american public. some media outlets still cover up his lies & then represent them to us as mistakes. if you care to remember, they did this throughout obamas campaigning:::rev wright; tony rezko; william ayers; bernadine dohrn; alexi giannoulias; madeline talbert; khalid al-mansour; rod blagojevich; acorn; islam: odinga. time & time again they either kept it suppressed or they put the focus on something else.

let me break it down this way::::::::::
1...obama didn't hear or didn't understand the sermons of hate yet he attended that church for
20 years.
2...obama didn't know rezko that well but he ended up with an extra sweet house deal from him.
3...obama didn't know the history of ayers & dorhn & yet he was on the board with ayers & they
hosted his coming out party.
4...obama didn't know this man very well & yet they raised money for each others campaign.
5...obama hasn't said much about talbert but he worked for her, issued grants to her, & he
trained the 'troops' for her---by the way, talbert is acorn.
6...obama sent islam under the bus by his denial of them yet he was raised as a muslim.
7...most of the media has remained silent concerning obama & odinga but, google him & you'll
know for yourself. obama went over there to campaign for him.
8...khalid al-mansour asked percy sutton to write a letter for obama to get him into harvard.
this issue is very mysterious. google this for your own take on it.
9...obama denied any wrong-doing with rod blagojevich. it will come out in time.

all these denials & the distancing of himself from the shady characters that he did associate with should prove to you that he lied to us then & this was before he was elected. his lies since being elected are:
1...tranparency: the closed doors sessions involving clinton, holder, geithner, & other obama
nominations with the senate confirmation hearing committee. clinton has conflict of
interests problems, holder was involved in 2 questionable clemency issues & was a lobbyist,
geithner had tax problems. what's strange about all of this is they were nominated &
confirmed to the very areas they were having problems in. please, google all three of them
for yourself.
2...open & honest administration: not this admin. obama will only let out what he needs out & he
runs a very tight ship. there is not an honest bone in obamas body. for me to believe in his
honesty, he would first have to set the record straight about several issues. he would have
to admit that he lied about bush's economic policies & that he was a main player in 'forcing'
banks/lending institutions into making risky loans (buycks-roberson v. citibank fed sav
bank 162. F.R.D. 322 N.D. ill.1995). look it up & you'll see how honest this man has not been
with you.
3...ethics: not this admin. i will make a list of some of the people obama has either hired & list
their problems at the end of this writing. you be the judge.
4...bipartisan: not this admin. if obama really had wanted bipartisan support for this crappy bill
he would have invited the majority & minority leaders of both parties from the house & the
senate to his office with a camera crew present, gave them each a list of his 'wants' for a bill
& settled all debates right there. not obama. he called them to his office as serparate parties
at separate times. a big joke on you if you think he is really reaching across the isle.
5...hiring lobbyists: i wrote an article 1/30/09 tittled "i'm obama & i'll decide what rules to
follow" on this site listing 12 lobbyist obama has hired. so much for honesty.
6...business as usual: you can bet on it. look at how many 'insiders' obama has 'hired' &, it all
started with joe biden. now you can build a brand new horserace track, put new clothing on
the horses &, bring in new jockys' but, when you run the race with the same old tired ass
horses you get the same old tired ass results.


HERE IS YOUR LIST---but don't take my word, google them all & know for yourself that obama
has stacked the deck with people you don't want there...

1...hilary clinton as sec of state---conflict of interest issuses with her husband & his foundation.
there are plenty of articles out there concerning this conflict of interest & you should just
google it. obama & company settled this behind closed doors but the issue is far from
resolved. obama tells us she is the best choice for this position-yeah, right.
2...timothy geithner as sec of treasury---tax problem issues & this also was settled behind closed
doors. & obama tells you that he is the only one that can help us (out of 305 million
americans) out of this mess-yeah, right.
3...hilda solis as sec of labor---tax problem issues (not hers-her husbands). how can she take
charge of the labor dep't when she can't take care of her own house but, obama tells us she is
the best person for the job-yeah, right.
4...tom daschle as sec of health & human services---big tax problem issues/conflict if interest
issues-a.his wife linda is one of washingtons top lobbyist & represents companies in front of
the executive & legislative branch regularly.
b.daschle was a special public policy adviser at the law firm of alston & bird-not a
lobbyist.
c.daschle was obamas early mentor & even sent his own top people to work for obama
during obamas campaigning.
this was obama repaying daschle/not business as usual & obama had to tell us daschle was the
best man for the job-yeah, right...DASCHLE WITHDREW
5...nancy killefer as 1st chief performance officer---tax problem issues-didn't pay her
housekeepers unemployment compensation taxes but she was obamas best pick for the job- yeah, right---KILLEFER WITHDREW
6...bill richardson as sec of commerce---ongoing federal investigation---richardson is being
investigated for a 'pay-for-play' thing. his donors ended up with a very lucrative contract
awarded by richardsons state but obama says he's the best man for the job-yeah, right
RICHARDSON WITHDREW
7...william lynn as deputy defense sec---conflict of interest issues---lynn was a registered
lobbyist for raytheon until july 08 but obama says he's the best man for the job-yeah, right.

obama broke his word to you & will continue to do so until the media & you get involved in holding him to it. &, he broke his word to you about his bill. he has to tell you that it will create or preserve 2-4 million jobs but, when the media ask the democrats a how many jobs it will create
they don't answer or switch the subject. google it up the bill for yourself, stop taking other peoples answers & go get your own. this way, the next time obama tells you a lie, you'll know it firsthand.



AMERICA, CONTACT YOUR ELECTED OFFICIAL

hello america! no matter how you look at it, this bill is going to do more harm then good &, my reasoning is this:

people need help today---2 or 3 years down the road won't help america now. for that matter, no one is certain it will even help us then to include obamas economic team. in other words, obama wants to force a bill on us that has no guarantee of accomplishing crap---in truth, it may work/it may not work. none of the 'experts' know!

america, we need to put pressure on our elected officials to do the right thing & this bill ain't it. the republicans are complaining about the cost of the bill, the democrats counter that with george bushs not vetoing any appropriations bills &, it goes back & forth with obama leading the democratic charge &, every chance he gets, he tells us about the era of george bushs failed economic policies & tells us that is what caused this mess. well, i'm tired of it.

in truth, the first 6 years under george bush were pretty good for our economy---companies grew, people had more money to spend, the stock markets soared, americans were traveling & vacationing &, for the most part, we as a nation were pretty content & seemingly safe. yes, there were problems-the iraq war, the hurricanes & wild fires, expensive gasoline &, global warming-& then, all hell broke loose: the media started broadcasting the negativeness of the war; they broadcast the negativeness of the hurricanes & wild fires; they broadcast the negativeness of the price of gasoline; they broadcast the negativeness of global warming & the democrats jumped all over it & it became a daily all day george bush bashing party.

if you care to remember, the democrats ran on a platform to stop the war & bring the troops home. & america elected democrats to a majority in the house & senate. &, you have to know that the democrats did nothing for us since. they will do nothing for us now. you want proof?

just look at the bill (H.R.1) the democrats passed in the house without any republicans voting for it &, more importantly, 11 democrats didn't vote for it either. i'm not going to disect it again, you can do that. but really take a good look at it & then tell me the democrats are looking out for us. nancy pelosi is already unhappy with the cuts in the senate bill & a fight looms in the very near future between the repubs & dems over the spending in this bill.

america, if you truely want this bill to help us now, flood your elected officials with your wishes---they need your vote for 2010-if they don't listen to you, vote them out of office.

Saturday, February 7, 2009

ARLEN SPECTER IS A SELLOUT

hello america! it saddens me that senator arlen specter is a republican sellout. it seems he is going to side with the democrats to push this crappy stimulus bill through. it all has to do with obama inviting him to the whitehouse for obamas superbowl party, because, he cannot convince me that this bill is for the good of this nation at this particular time. &, judging from the various polls out there, america is thinking like i do---scrap the bill as it is & redo it right. washington has the time to do so---obama is the one with the time-table///what? if he doesn't get it by mid-february, the country will fall apart completely? as the bill is, it won't put people to work immediately & the little bit of tax garbage in it won't be reflected in economic growth. more importantly, it does nothing to stop the present bleeding---it's not even a bandaid.

i sent specter an email (2/6/09) telling him that if he voted for this bill, i would not vote for him in 2010. i not only won't vote for him, i will be spreading the word about him everywhere i go & to whoever will listen. he is a sellout to the republicans, the state of pennsylvania &, the american people & i have no problem in telling you so. his family may be proud of what he's become in life but, there's no way they can be proud of him now. i'm not & you shouldn't be either. the facts are the facts---i don't make them up.

at all costs...STOP SPECTER IN 2010 AT THE POLLS. thank you!